instrument
Definition 1
In general, any financial security such as a bond, stock, check, etc. Money market securities (such as a Treasury Bill, U.S. government bonds, or commercial paper) and capital market securities (such as a mortgage, Certificate of Deposit, or long-term bonds) are also referred to as instruments.
Definition 2
A document containing some legal right or obligation. Examples include notes, agreements, and contracts.
Definition 3
Any tool that can be used in order to implement economic policy. For example, the government may use interest rates as an instrument for implementing monetary policy, and taxes as an instrument for implementing fiscal policy.
In general, any financial security such as a bond, stock, check, etc. Money market securities (such as a Treasury Bill, U.S. government bonds, or commercial paper) and capital market securities (such as a mortgage, Certificate of Deposit, or long-term bonds) are also referred to as instruments.
Definition 2
A document containing some legal right or obligation. Examples include notes, agreements, and contracts.
Definition 3
Any tool that can be used in order to implement economic policy. For example, the government may use interest rates as an instrument for implementing monetary policy, and taxes as an instrument for implementing fiscal policy.
This content can be found on the following page:
instrument is ...
... part of the Law & Estate Planning subject.
... part of the Law & Estate Planning subject.
Related Terms
debt instrument, draft, endorsement, negotiable instrument, primary instrument, bank, carrying charge, cash reserves, contract grades, corporate stock and
instrument appears in these other terms
Markets in Financial Instruments Directive, credit instrument
instrument appears in the definitions of these other terms on BusinessDictionary.com
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